2657 – Spectacular farm for mixed-use high end development for sale in La Garita
Click here for full description: https://costaricaluxury.com/en-gb/property/2657-house-for-an-exceptional-life-style-or-for-development/8794595
Property number: 2657
For sale: $16,000,000
Location: Los Llanos del Coyol, La Garita, Alajuela
Square meters: 2,435 m2 (25,981 square feet)
Lot size: 46.1 hectares, or 461,636.9 m2 or 114 acres
Garage: 6 (two 3 car garages)
Parking spaces: 20
Number of floors: 2
Year built: 2002
View type: Mountains
Type of furniture included: Fully furnished and equipped
• Single family homes
• Gated community homes
Natura is an ideal property for investors with experience in the development of world-class mixed use projects. It is an amazing and unique site that offers a combination for a luxury gated community, medical, recreational, tourism industry, educational projects, multi-family housing complex, commercial centre, etc., creating a unique address where people can live, work, study, play and meet everyday shopping and lifestyle needs within a single neighbourhood.
Strategically located at 20 minutes’ distance from the International Airport Juan Santamaria, in an area with high demand, Natura counts on great topography, availability of utility services, within minutes’ distance and easy access to public transportation, the City Mall, parks, Country Day School and other important schools, important medical services, community centers, restaurants, and sporting facilities.
Picking the right location is the most important part of a successful property development, and Natura is strategically located in the West side of town. Meanwhile in other areas of the popular West side of town prices are already at their peak, and the value of the investment won’t significantly increase, at Natura a wise investor can buy this development farm for $34.6 m2, which adds important value to the investment.
The area of Los Llanos del Coyol in La Garita is a first class transitioning neighbourhood from rural to first class, where an investor can optimize potential appreciation and growth. This premium location is an area that is experiencing a strong process of gentrification *, which will allow for this farm to become a successful real estate project, maximizing revenue, with upscale private sector development of world class Free Zones and strong foreign investments, that trigger the need for additional housing facilities and first class services of all kinds, for hundreds of executives and thousands of employees who need to have easy access to their working places.
(*) Gentrification occurs where land is cheap and the chance to make a profit is high due to the influx of wealthier wage earners willing to pay higher prices. Real estate developers purchase land before their values greatly increase.
The property is located near the limits between the Industrial Zoning and the Residential Zoning of Los Llanos del Coyol. The Use of Land, at this first class development farm for sale in La Garita, allows for multiple uses. The property is ideal for a luxury gated community, with country club, events center and golf course, a five-star boutique hotel, retirement community, private school, wellness community, holistic health center, corporate retreat community, or all of them together since the property is so big. It also fits a private luxury estate for a family looking for maximum privacy and tranquility.
The authorized Use of Land for the property is the following:
1. Touristic projects
2. Office Centers
3. Recreational Centers
4. Sports Centers
5. Touristic Centers
6. Health Centers
8. Cultural Centers
9. Headquarters for Multinational Companies – ONG´s - National Corporations
10. Educational Centers
11. Butterfly gardens
12. Agro industrial activities
13. Subdivision of land and low density housing projects is allowed as follows: Minimum lot extension 2,500 m2 with 40 meters of road frontage and maximum coverage of 20% of the total size of the lot or 4 houses per hectare. Maximum building altitude allowed due to the vicinity of the International Airport is of 7 meters (it does not include the altitude of the ceiling). Retiros: frontal 15 meters, back 15 meters, side 5 meters. Depending on the type of project to be developed, these numbers can vary with previous authorization by the local Municipality.
This land for sale in Los Llanos del Coyol in La Garita is been offered at the right time, as an excellent business opportunity for an investor who wishes to develop this unique property, as a sharp rise of prices of real estate is taking place in this important area of Costa Rica, thanks to the demand created by the high end developments and investments taking place in the area.
Natura is the essence of tropical, modern living for an exceptional life of luxury. At Natura you will find the beauty of nature within a farm of 114 acres -- a hidden paradise to live in peace away from the outside world. The unspoiled natural environment of this farm for sale in Costa Rica, includes a spectacular tropical garden surrounding the elegant master residence, perfectly situated on a plateau, overlooking coffee and sugar cane fields and the distant mountain range of the Central Valley.
A listing by www.CostaRicaLuxury.com
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